Paladin Advisory Group LLC Acquires 404 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Paladin Advisory Group LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 69,904 shares of the company’s stock after buying an additional 404 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up approximately 2.0% of Paladin Advisory Group LLC’s portfolio, making the stock its 19th largest holding. Paladin Advisory Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,409,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Morgan Stanley boosted its stake in Global X U.S. Infrastructure Development ETF by 26.0% in the third quarter. Morgan Stanley now owns 7,033,081 shares of the company’s stock valued at $213,665,000 after acquiring an additional 1,452,495 shares during the last quarter. LPL Financial LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 29.3% in the third quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock valued at $187,562,000 after purchasing an additional 1,400,747 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Global X U.S. Infrastructure Development ETF by 7,372.5% in the second quarter. Goldman Sachs Group Inc. now owns 1,122,215 shares of the company’s stock valued at $25,553,000 after purchasing an additional 1,107,197 shares during the last quarter. Meitav Investment House Ltd. grew its holdings in Global X U.S. Infrastructure Development ETF by 131.6% during the third quarter. Meitav Investment House Ltd. now owns 1,706,649 shares of the company’s stock valued at $52,526,000 after purchasing an additional 969,863 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Global X U.S. Infrastructure Development ETF by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock worth $137,702,000 after buying an additional 932,741 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE traded down $0.07 during trading on Friday, reaching $37.29. 1,302,041 shares of the stock traded hands. The stock has a market capitalization of $7.20 billion, a P/E ratio of 20.75 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The company has a 50-day moving average of $38.08 and a 200-day moving average of $34.19.

Global X U.S. Infrastructure Development ETF Profile

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.